# 1 READ Avenue #116D, Dewey Beach, DE 19971 > **TL;DR:** 1bd/1ba condo, $65,000 ($184/sqft), built 1955, 354 sqft. > Waterfront. Est. $783/mo. Listed 8 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $65,000 | | Price/sqft | $184 | | Bedrooms | 1 | | Bathrooms | 1 full | | Square Feet | 354 | | Year Built | 1955 | | Stories | 1 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 8 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $329 | | Estimated Insurance | $19 | | HOA | $435 | | **Total** | **$783** | ## Key Amenities - Waterfront ## Property Highlights - Built in 1955 - 1 parking spaces - Waterfront ## Description ### Agent Description UNMATCHED OPPORTUNITY! OCEANFRONT OWNERSHIP + RENTAL INCOME OPPORTUNITY! Imagine waking up to the sound of waves, stepping outside, and walking directly onto the sand. Enjoy morning strolls along the shoreline, afternoons soaking up the sun, and evening walks under glowing sunsets - all without having to drive anywhere or fight for parking. Welcome to The Surf Club, where OCEANFRONT LIVING MEETS FLEXIBILITY, INCOME POTENTIAL, AND HASSLE-FREE OWNERSHIP - and all without spending millions of dollars. This beautifully maintained 1-BEDROOM, 1-BATH CONDO comfortably SLEEPS FIVE thanks to a KING-SIZED BED, a QUEEN-SIZED SLEEPER SOFA, and a VERSATILE SLEEPING BENCH - making it perfect for families, guests, or maximizing rental potential. You'll enjoy 13 WEEKS OF DEEDED OWNERSHIP each year - this is NOT A TIMESHARE! FLEXIBLE RENTAL PROGRAM: At the beginning of each year, owners choose which weeks to USE and which to RENT. Any weeks placed into the SOV RENTAL POOL earn income based on the total rentals for your room category that week. If you're the only owner renting, you keep 100% OF YOUR UNIT'S PROFITS. If multiple SOV units are rented, profits are divided equally among those owners. Nightly rental rates are market-driven, and on-site professional management - the same team that operates the HYATT at the Rusty Rudder - handles bookings, cleanings, maintenance, utilities, taxes, and insurance. You can also switch plans last minute: if you originally planned to use your week but can't, you can make it available for rental. Likewise, if you planned to rent but decide you want to come, you can - as long as your unit or another available SOV is open. With SUMMER WEEKS TYPICALLY BOOKED, this property offers a RARE OPPORTUNITY to enjoy GUARANTEED VACATION TIME and PASSIVE INCOME - without the stress of managing a rental. Spend your mornings sipping coffee with a view, your afternoons on the sand, and your evenings strolling to Dewey's best restaurants, live music, and nightlife - all just steps away. And when you want to explore, hop on the Jolly Trolley for a quick ride into Rehoboth. This isn't just oceanfront ownership - it's the ultimate Delaware beach lifestyle combined with a smart investment opportunity. With its prime SOV location, sleeping capacity for five, flexible rental income, and professional management, this condo delivers the best of both worlds. All of this can be yours for the price of a car! ## Location - **Address:** 1 READ Avenue #116D, Dewey Beach, DE 19971 - **County:** SUSSEX - **Neighborhood:** NONE AVAILABLE - **Coordinates:** 38.69226, -75.07242 - **Google Maps:** https://www.google.com/maps?q=38.69226,-75.07242 ## Virtual Tour & Media - **Video Tour:** https://bcove.video/4izPSfR ## Listing Agent - **Name:** Brian K Barrows · **License:** RA-0020621 - **Brokerage:** Ocean Atlantic Sotheby's International Realty - **Broker Phone:** (302) 542-6610 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1-Read-Ave-116D_Dewey-Beach_DE_19971_M94503-90872?f=listhub&s=TRENDPA&m=DESU2122792&c=propsimple) ## Photos ![1 READ Avenue #116D - Photo 1](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2630045269r.jpg) ![1 READ Avenue #116D - Photo 2](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f428143757r.jpg) ![1 READ Avenue #116D - Photo 3](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1337901070r.jpg) ![1 READ Avenue #116D - Photo 4](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f298530090r.jpg) ![1 READ Avenue #116D - Photo 5](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f781054354r.jpg) ![1 READ Avenue #116D - Photo 6](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2820911477r.jpg) ![1 READ Avenue #116D - Photo 7](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1994765966r.jpg) ![1 READ Avenue #116D - Photo 8](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1472844343r.jpg) ![1 READ Avenue #116D - Photo 9](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2938807988r.jpg) ![1 READ Avenue #116D - Photo 10](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2352630896r.jpg) ![1 READ Avenue #116D - Photo 11](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3236694084r.jpg) ![1 READ Avenue #116D - Photo 12](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2626121135r.jpg) ![1 READ Avenue #116D - Photo 13](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3540476905r.jpg) ![1 READ Avenue #116D - Photo 14](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f556211928r.jpg) ![1 READ Avenue #116D - Photo 15](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1417648287r.jpg) ![1 READ Avenue #116D - Photo 16](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3958852548r.jpg) ![1 READ Avenue #116D - Photo 17](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1455458615r.jpg) ![1 READ Avenue #116D - Photo 18](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f920896119r.jpg) ![1 READ Avenue #116D - Photo 19](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f407879197r.jpg) ![1 READ Avenue #116D - Photo 20](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3655742258r.jpg) ![1 READ Avenue #116D - Photo 21](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f456757070r.jpg) ![1 READ Avenue #116D - Photo 22](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f232821751r.jpg) ![1 READ Avenue #116D - Photo 23](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3230851723r.jpg) ![1 READ Avenue #116D - Photo 24](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1499931922r.jpg) ![1 READ Avenue #116D - Photo 25](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3835239971r.jpg) ![1 READ Avenue #116D - Photo 26](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f638113848r.jpg) ![1 READ Avenue #116D - Photo 27](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f841051128r.jpg) ![1 READ Avenue #116D - Photo 28](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f907935780r.jpg) ![1 READ Avenue #116D - Photo 29](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f6618479r.jpg) ![1 READ Avenue #116D - Photo 30](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3191972895r.jpg) ![1 READ Avenue #116D - Photo 31](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1874942785r.jpg) ![1 READ Avenue #116D - Photo 32](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f739986506r.jpg) ![1 READ Avenue #116D - Photo 33](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3650226912r.jpg) ![1 READ Avenue #116D - Photo 34](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2254934949r.jpg) ![1 READ Avenue #116D - Photo 35](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f1292846860r.jpg) ![1 READ Avenue #116D - Photo 36](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3382859058r.jpg) ![1 READ Avenue #116D - Photo 37](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2582517007r.jpg) ![1 READ Avenue #116D - Photo 38](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2290260491r.jpg) ![1 READ Avenue #116D - Photo 39](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3003537402r.jpg) ![1 READ Avenue #116D - Photo 40](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f4230318347r.jpg) ![1 READ Avenue #116D - Photo 41](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2749013395r.jpg) ![1 READ Avenue #116D - Photo 42](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f156161563r.jpg) ![1 READ Avenue #116D - Photo 43](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f3599512190r.jpg) ![1 READ Avenue #116D - Photo 44](http://lh.rdcpix.com/ad4e343415077e5ac8f5d39e0ff30492l-f2286047431r.jpg) --- **MLS#:** DESU2122792 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1-read-avenue-dewey-beach-de-19971-45897c8aba164cc4a5a4a84c0bdd51e0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1-read-avenue-dewey-beach-de-19971-45897c8aba164cc4a5a4a84c0bdd51e0#listing", "url": "https://www.propertysimple.ai/listing/1-read-avenue-dewey-beach-de-19971-45897c8aba164cc4a5a4a84c0bdd51e0", "name": "1 READ Avenue #116D, Dewey Beach, DE 19971", "description": "UNMATCHED OPPORTUNITY! OCEANFRONT OWNERSHIP + RENTAL INCOME OPPORTUNITY! Imagine waking up to the sound of waves, stepping outside, and walking directly onto the sand. Enjoy morning strolls along the shoreline, afternoons soaking up the sun, and evening walks under glowing sunsets - all without having to drive anywhere or fight for parking. Welcome to The Surf Club, where OCEANFRONT LIVING MEETS FLEXIBILITY, INCOME POTENTIAL, AND HASSLE-FREE OWNERSHIP - and all without spending millions of dollars. This beautifully maintained 1-BEDROOM, 1-BATH CONDO comfortably SLEEPS FIVE thanks to a KING-SIZED BED, a QUEEN-SIZED SLEEPER SOFA, and a VERSATILE SLEEPING BENCH - making it perfect for families, guests, or maximizing rental potential. You'll enjoy 13 WEEKS OF DEEDED OWNERSHIP each year - this is NOT A TIMESHARE! FLEXIBLE RENTAL PROGRAM: At the beginning of each year, owners choose which weeks to USE and which to RENT. Any weeks placed into the SOV RENTAL POOL earn income based on the total rentals for your room category that week. If you're the only owner renting, you keep 100% OF YOUR UNIT'S PROFITS. 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This isn't just oceanfront ownership - it's the ultimate Delaware beach lifestyle combined with a smart investment opportunity. With its prime SOV location, sleeping capacity for five, flexible rental income, and professional management, this condo delivers the best of both worlds. 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